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of <h1>Diabetic Association of India Approved for Scientific Research Under Income-tax Act Section 35(1)(ii)</h1> The Diabetic Association of India, located in Bombay, has been approved under section 35(1)(ii) of the Income-tax Act, 1961, for scientific research purposes. This approval, effective from April 1, 1990, to March 31, 1992, requires the organization to maintain separate accounts for research funds, submit annual research activity returns by May 31 each year, and provide audited annual accounts by June 30 to relevant authorities. The organization must apply for an extension of approval three months before expiration, with applications sent to both the Director-General of Income-tax (Exemptions) and the Department of Scientific and Industrial Research.
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